I've found that converting HDV to Photojpeg 68 with compressor works best. Runs at full speed 2 layers, 3 layers drops down to 18-24, 4 layers drops down to 24-16, 24-16, 24-16 then 7 weird that the last layer runs really slow compared to the others.

Anyways, has worked for years like this. My Hi Def HDV Cam was a good invstment, got a lot of great footage from it.

Christian